Ethena sUSDe:
DefiLlama:
└ APY: 5.4% (⌀5.3%)
Pendle Market:
├ APY: 5.29% (7‑DMA)
├ APR: 5.16%
└ Implied APY: 0.00% (+0.16% 24h)

Cap stcUSD:
DefiLlama:
└ APY: 8.2% (⌀8.5%)
Pendle Market:
├ APY: 8.75% (7‑DMA)
├ APR: 8.39%
└ Implied APY: 10.63% (+0.34% 24h)

Resolv: (+20% points)
├ RLP: 9.7% (⌀7.8%)
│ └ 4× Morpho: 13.7%
├ stUSR: 5.5% (⌀4.5%)
│ └ 4× Morpho: 18.0%
└ Curve wstUSR‑RLP: 8.3% (⌀6.9%)

Curve:
└ scrvUSD: 10.6% (⌀11.4%) 🥇

Curve LP:
├ USDC‑USDT: 4.8% (⌀3.6%)
├ USDT‑USDE: 4.8% (⌀4.6%)
├ frxUSD‑crvUSD: 14.2% (⌀11.4%) 🥈 🥇
├ USDT‑crvUSD: 13.5% (⌀10.1%)
└ USDC‑crvUSD: 12.2% (⌀9.4%)

Frax:
└ sfrxUSD: 5.1% (⌀5.1%)

MakerDAO:
└ sUSDS: 4.5% (⌀4.5%)

Inverse Finance:
└ sDOLA: 5.8% (⌀5.2%)

Fluid:
Ethereum:
├ USDC: 5.1% (⌀5.0%)
└ USDT: 5.7% (⌀5.5%)

Arbitrum:
├ USDC: 5.5% (⌀5.6%)
└ USDT: 5.7% (⌀5.3%)

Base:
└ USDC: 5.3% (⌀5.6%)

DefiLlama data updates once per day.
⌀ – 7‑day average